Archived

This topic is now archived and is closed to further replies.

Terry Mullaney

Rovers making headway

629 posts in this topic

Like I posted earlier. Mark got involved when the club was on it's ar se! Initial investment in the team to generate interest, rekindle the flame... (insert any other platitude) was a calculated spend. Then comes the funding of the scholarship and regeneration of the ground which doesn't come cheap. However, all the losses are covered, calculated and managed.However, as Griff so rightfully points out, there will come a day when the club will have to take a different approach. I have nowt but confidence in the BoD. For now at least, all seems to be going to plan.

I hope it doesn't come across that I am having a go at someone like Campbell who has turned the club round and its to be applauded. My posts are just in response to people stating other clubs don't have any potential to go for SL when there is no real evidence to back up their claims.

Share this post


Link to post
Share on other sites

Strange when you look back the idea of SL and franchsing was that it would give financial stability for SL clubs to plan for the future and stop CC clubs spending money they didn't have trying to get into the top flight. Not much has changed in reality.

No sugar daddy or daddies prepared to "invest" for a number of years, no prospect of getting into SL. Maybe the RFL should add having sugar daddies as a criteria for entry.

I think it is already there Mr. Ram.

Without Mr. Hughes Broncos business plan would be laughable.

Without Mr. Davey Fartowns business plan would have been be laughable.

Without Mr. Wilkinson Salford's business plan will be laughable.

Share this post


Link to post
Share on other sites

I think Abbott can afford to part fund Fax in SL. By how much is the question. My concern with any money man is what happens when they go? A money man is OK for the now. But what about the future? Clubs need to spend money on the future and building things that can help them on and off the field. Sadly too many clubs think only on the playing aspect and now instead of the future. SL is not that important for Fax , Fev or whoever. SL is a club killer and is run badly both by the SL Board and clubs. I would rather Fax stay where they are and see what the future of SL brings.

That is a very very good post

Share this post


Link to post
Share on other sites

We are not in DEBT I'm sick of telling people this.

Stop telling them then. It's not true anyway.

Share this post


Link to post
Share on other sites

I hope it doesn't come across that I am having a go at someone like Campbell who has turned the club round and its to be applauded. My posts are just in response to people stating other clubs don't have any potential to go for SL when there is no real evidence to back up their claims.

I wasn't having a go at you either. It's just a friendly debate and yes I have facts whether they stand up or not I do not know. But Leigh have just come out of admin so funding SL would be very hard for them at the minute. You guys at the moment can't fund it unless you get some investors or one as the last round of licensing proved and we know the eagles can't.

Share this post


Link to post
Share on other sites

I wasn't having a go at you either. It's just a friendly debate and yes I have facts whether they stand up or not I do not know. But Leigh have just come out of admin so funding SL would be very hard for them at the minute. You guys at the moment can't fund it unless you get some investors or one as the last round of licensing proved and we know the eagles can't.

I haven't taken it as having ago. But I don't agree with your thoughts and the and have asked for you to back up your statements. I don't know what Featherstone's finances are. I wouldn't comment if they could fund SL or not. I do know they are currently making a loss. Likewise I dont know if Halifax could finance SL. The directors have said that's what they are aiming for so I assumes they could.

Share this post


Link to post
Share on other sites

Yeah - that's probably my issue with Fev's strategy.

Personally, I see nothing clever about lending part of your personal fortune to a club so that it can just buy success it can't really afford. No risk on behalf of the lender - if he wants his money back he can just sell the land, pay off the five mortgages and take his money from the remainder. What exactly is clever about it ? To me, it smacks of Harry Enfield's Loadsamoney - "look at my wad".

Your posts are brilliant but I probably disagree here, not on principle, but in practice.

Why have money to invest in Featherstone as a Superleague Club and not use it?

I personally think if Newmarket eventually comes off Wakefield will mop up in the area, now is looking like the right time to get the right bid in and get the club into Superleague 2015-2018 paying full salary cap and attracting the areas best youngsters to the academy.

What is the land asset there to secure?? A small championship club ad infinitum?

Surely you have to invest at the right time? This may be it??

Share this post


Link to post
Share on other sites

Your posts are brilliant but I probably disagree here, not on principle, but in practice.

Why have money to invest in Featherstone as a Superleague Club and not use it?

I personally think if Newmarket eventually comes off Wakefield will mop up in the area, now is looking like the right time to get the right bid in and get the club into Superleague 2015-2018 paying full salary cap and attracting the areas best youngsters to the academy.

What is the land asset there to secure?? A small championship club ad infinitum?

Surely you have to invest at the right time? This may be it??

Got to agree parky because in this day and age what is the point in continuing as a club if your not in SL? I personally think clubs will be killed off anyway in the next 20 years if they are not in SL.I think its sh** or bust for champ clubs at the minute.If we go bust so be it because whats the point in trolling around in a division where there is nothing to gain?

Share this post


Link to post
Share on other sites

Your posts are brilliant but I probably disagree here, not on principle, but in practice.

Why have money to invest in Featherstone as a Superleague Club and not use it?

I personally think if Newmarket eventually comes off Wakefield will mop up in the area, now is looking like the right time to get the right bid in and get the club into Superleague 2015-2018 paying full salary cap and attracting the areas best youngsters to the academy.

What is the land asset there to secure?? A small championship club ad infinitum?

Surely you have to invest at the right time? This may be it??

I don't have a problem if anyone wants to buy sponsorship from the club. That creates a permanent income for the club, not repayable.

I do have a problem with just lending the club money. That creates a debt, repayable from future income with repercussions for the club in the future. And then again - I question the motives. If it's only a loan, obviously the lender is thinking about having it back sometime.

Land asset ? Could be huge if the club went into liquidation and something else was built there.

Share this post


Link to post
Share on other sites

I don't have a problem if anyone wants to buy sponsorship from the club. That creates a permanent income for the club, not repayable.

I do have a problem with just lending the club money. That creates a debt, repayable from future income with repercussions for the club in the future. And then again - I question the motives. If it's only a loan, obviously the lender is thinking about having it back sometime.

Land asset ? Could be huge if the club went into liquidation and something else was built there.

Thats just it though griff if we dont get SL what have we really got to lose? Because im in no doubt the BOD would walk if we had no chance of SL so we would be in the crapper anyway so we might as well go belly up because c*s and wakey would bleed us dry anyway.

Share this post


Link to post
Share on other sites

Thats just it though griff if we dont get SL what have we really got lose? Because im in no doubt the BOD would walk if we had no chance of SL so we would be in the crapper anyway so we might as well go belly up because c*s and wakey would bleed us dry anyway.

There's still a good competition in the Championship. People coming on here (amongst other places) and saying how ###### it is and how their club will die if they're not in $uperleague doesn't encourage your average WavyMavis fan to get themselves through the turnstiles.

I'd like to see p+r back. But we need to have a pathway for clubs to build their way to success. Will being in $uperleague quadruple Featherstone's turnover ? Which is conservatively what you'd need, bearing in mind that they're nowhere near breaking even - even on a Championship salary cap. How deep are the directors' pockets ? (Rhetorical question, obviously)

Share this post


Link to post
Share on other sites

I don't have a problem if anyone wants to buy sponsorship from the club. That creates a permanent income for the club, not repayable.

I do have a problem with just lending the club money. That creates a debt, repayable from future income with repercussions for the club in the future. And then again - I question the motives. If it's only a loan, obviously the lender is thinking about having it back sometime.

Land asset ? Could be huge if the club went into liquidation and something else was built there.

I do apologise if I have not made myself clear.

If Rovers have spare land they can sell off to secure the ready cash from a rich man to fund a real go at Superleague 2015-2018 then why not go for it??

It's a judgement call of course but I can't see a better time than NOW to try to be top dog in the area. Wakefield's plans may see them dominate in years to come and then the land value will be of no value in terms of securing SL status.

Rovers don't want a big stretch of land for the future, they want superleague which is far more valuable to them?

Share this post


Link to post
Share on other sites

I do apologise if I have not made myself clear.

If Rovers have spare land they can sell off to secure the ready cash from a rich man to fund a real go at Superleague 2015-2018 then why not go for it??

It's a judgement call of course but I can't see a better time than NOW to try to be top dog in the area. Wakefield's plans may see them dominate in years to come and then the land value will be of no value in terms of securing SL status.

Rovers don't want a big stretch of land for the future, they want superleague which is far more valuable to them?

Spot on parky

Share this post


Link to post
Share on other sites

There's still a good competition in the Championship. People coming on here (amongst other places) and saying how ###### it is and how their club will die if they're not in $uperleague doesn't encourage your average WavyMavis fan to get themselves through the turnstiles.

I'd like to see p+r back. But we need to have a pathway for clubs to build their way to success. Will being in $uperleague quadruple Featherstone's turnover ? Which is conservatively what you'd need, bearing in mind that they're nowhere near breaking even - even on a Championship salary cap. How deep are the directors' pockets ? (Rhetorical question, obviously)

I dont know how deep the pockets are. But they have said we would use the full salary cap up if we got into SL.P&R for the game maybe for featherstone rovers NO CHANCE.

Share this post


Link to post
Share on other sites

I dont know how deep the pockets are. But they have said we would use the full salary cap up if we got into SL.

If that means buying goods or services from the club to fund it, that's great.

If it means the club borrowing more money and incurring more debt, that's very bad news.

We don't have enough information at present .......

Share this post


Link to post
Share on other sites

If that means buying goods or services from the club to fund it, that's great.

If it means the club borrowing more money and incurring more debt, that's very bad news.

We don't have enough information at present .......

True but im sure come the next licensing we will all know.

Share this post


Link to post
Share on other sites

I do apologise if I have not made myself clear.

If Rovers have spare land they can sell off to secure the ready cash from a rich man to fund a real go at Superleague 2015-2018 then why not go for it??

It's a judgement call of course but I can't see a better time than NOW to try to be top dog in the area. Wakefield's plans may see them dominate in years to come and then the land value will be of no value in terms of securing SL status.

Rovers don't want a big stretch of land for the future, they want superleague which is far more valuable to them?

This reply is purely speculative but I suspect that it wouldn't be easy to sell off the spare land as there'd be access problems to resolve. The spare bit is landlocked between the ground and the railway line.

There has been talk in the past of moving the ground further towards the railway and sticking a supermarket on the bit nearest Post Office Road. Nothing came of it and, frankly, there are better sites in Featherstone if anyone wanted to build another supermarket.

My point was that IF it came to it and IF the club closed down, potentially, there's a nice bit of town centre real estate there. If a lender wanted to bail out and get their money back, probably just the threat of closure would be enough for some other muggins - er, benefactor - to come along and pay them off.

Thus - little or no risk to the lender's "investment".

Share this post


Link to post
Share on other sites

True but im sure come the next licensing we will all know.

Looking forward to it ............

Share this post


Link to post
Share on other sites

If you want to get out of this league you have to expect losses and big losses too. You can't fund SL unless you have money and plenty of it too and we so happen to have plenty with hopefully more investors coming on board too in the not so distant future.

which is what i said before about budgeting, to support the club as a going concern in it's own right the simple answer is bums on seats. we at widnes could easily sit back and let SO'C fund the club per se, but he himself doesn't want that, it is up to the supporters to help finance the club as much as the board and chairman. a great example is warrington, at wilderspool with crowds of 4000 they struggled to compete, but a move and a massive increase in crowds to around 12000 has allowed them to be competetive on and off the pitch. that is what our chairman is targetting for us and for me it is the best way forward...

Share this post


Link to post
Share on other sites

This reply is purely speculative but I suspect that it wouldn't be easy to sell off the spare land as there'd be access problems to resolve. The spare bit is landlocked between the ground and the railway line.

There has been talk in the past of moving the ground further towards the railway and sticking a supermarket on the bit nearest Post Office Road. Nothing came of it and, frankly, there are better sites in Featherstone if anyone wanted to build another supermarket.

My point was that IF it came to it and IF the club closed down, potentially, there's a nice bit of town centre real estate there. If a lender wanted to bail out and get their money back, probably just the threat of closure would be enough for some other muggins - er, benefactor - to come along and pay them off.

Thus - little or no risk to the lender's "investment".

I understand Griff, whether featherstone high street is really a "Town Centre" I dunno :D

It comes back to a judgement call. Does the club want to shhhhh! or bust going for SL now? Or do they sit back like LRL suggests because a better opportunity may come along, and if not at least they secure the club for second tier status from now to eternity?

This assumes Mr. Nahaboo and other investors are providing loans only against the assets and are not gifting Fev Millions.

Fev fans vote now....

Share this post


Link to post
Share on other sites

I understand Griff, whether featherstone high street is really a "Town Centre" I dunno :D

It comes back to a judgement call. Does the club want to shhhhh! or bust going for SL now? Or do they sit back like LRL suggests because a better opportunity may come along, and if not at least they secure the club for second tier status from now to eternity?

This assumes Mr. Nahaboo and other investors are providing loans only against the assets and are not gifting Fev Millions.

Fev fans vote now....

Our BOD are no mugs they would'nt allow their dream of SL to be put in peril.We could just sit back like widnes did and get everything off the field SL quality but our BOD dont want to just do that and if they believe they can fund both i believe they can too.

Share this post


Link to post
Share on other sites

I understand Griff, whether featherstone high street is really a "Town Centre" I dunno :D

It comes back to a judgement call. Does the club want to shhhhh! or bust going for SL now? Or do they sit back like LRL suggests because a better opportunity may come along, and if not at least they secure the club for second tier status from now to eternity?

This assumes Mr. Nahaboo and other investors are providing loans only against the assets and are not gifting Fev Millions.

Fev fans vote now....

Once you've sold it, it's gone along with a lot of bargaining power.

On the other hand, the way corporate finances are these days, why not sell, lease back and, if the club does go bust - just start up another company with a clean slate.

Share this post


Link to post
Share on other sites

Once you've sold it, it's gone along with a lot of bargaining power.

On the other hand, the way corporate finances are these days, why not sell, lease back and, if the club does go bust - just start up another company with a clean slate.

I would sell it personally because if we dont get SL what have we got to lose 100 years of champ rugby with nothing but tin cups to show for it? Plus our BOD will walk if we dont get SL so we would be on our ar*e again so we might as well go for it or go bust.

Share this post


Link to post
Share on other sites

Plus our BOD will walk if we dont get SL so we would be on our ar*e again so we might as well go for it or go bust.

If that's the case do they really have the long term future of the club at heart? I would question if I wanted them to be in charge of a club I love.

Share this post


Link to post
Share on other sites

I would sell it personally because if we dont get SL what have we got to lose 100 years of champ rugby with nothing but tin cups to show for it? Plus our BOD will walk if we dont get SL so we would be on our ar*e again so we might as well go for it or go bust.

you already have the on field criteria box ticked now you have the others to tick, it took widnes 5 years to have a successful bid, and we proved that a club from outside the top flight can gate crash the party on our own merits even in the licensing system, i hope featherstone achieve their goal but there is a massive amount of hard work still to be done........

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.



League Express - Mon 10th April 2017

Rugby League World - April 2017